Morningstar will be dropping qualitative research coverage of MainStay MacKay Short Term Municipal MSTIX around June 11, 2021, in order to reallocate our analysts to other strategies. The last Morningstar Analyst Rating and report will be removed at that time. After that date, please discontinue using the research report or former research reports issued by Morningstar on this strategy. We recommend users form their own views on this strategy or obtain financial advice.
Will MYTBX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MYTBX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the MYTBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of MYTBX’s parent organization’s priorities and whether they’re in line with investors’ interests.